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European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns … Read more
Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions and posed money laundering risks. Under German law, trading currencies, including cryptocurrencies, without proper authorization is illegal, with violators facing up to five … Read more
According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States. Go to Source
BitGo originally announced it was setting up two regulated custodial entities in Germany and Switzerland in February 2020. Go to Source
BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime. Go to Source Powered by WPeMatico
The crypto exchange’s move to withdraw its license in Germany comes amid reports that the exchange faced rejection from regulators. Go to Source Powered by WPeMatico
Binance’s regulatory trouble continues to mount as the exchange faced pushback in Europe after the US. Go to Source Powered by WPeMatico
Germany’s banking industry is slowly warming up to the crypto industry with multiple partnerships and crypto services in 2023 after a long cautious approach. Go to Source Powered by WPeMatico
Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for digital assets to institutional investors across the Old Continent. Boerse Stuttgart Subsidiary Blocknox to Offer Crypto Custody Services Under Bafin License … Read more
With the licensing of the German exchange’s blocknox service, it now offers fully regulated brokerage, trading, and custody. Go to Source Powered by WPeMatico
